Segment Risk Head of Reporting

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At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

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The Segment Risk Head of Reporting reports to the U.S. Head of Risk Oversight & Segment Risk and is accountable for leading the Segment Risk Team’s reporting and analytics activities, and in supporting the U.S. Head of Risk Oversight & Segment Risk in all Day-to-Day Risk Oversight including Operational and Long Term Strategic needs within the Segment Risk Management Department, managing oversight support team and integrating with Segment Risk’s Senior Risk Officers to complete compendium reporting for assessment units, including but not exclusive to the following: 

KEY ACCOUNTABILITIES

1. Lead and direct reporting activities within Segment Risk, drive a culture of continuous improvement, through identification and implementation of resources and processes including:

• Identification of themes, trends, top and emerging risks across assessment units and CUSO leveraging:
• Risk identification – self assessments
• Risk identification – 2LOD assessments
• Committees, Councils and Forums (1LOD an 2LOD)
• Support SROs with reports, metrics and/or analysis of 1LOD/ Segment controls
• Support SRT with Segment Risk department controls and control testing
• Support SROs with reports, metrics and/or analysis of 1LOD/ Segment deficiencies.
• Support SROs with assessment or analysis of Segment guidelines, standards and exceptions: themes, approach, leading practices
• Support SROs with Compendium Reporting including: Background, Environment, Portfolio, Metrics, Risks, Issues, Mitigants and Outlook
• Support SROs with planned or ad-hoc risk reviews: use technology to develop scope and execute risk assessment
• Publish or generate quarterly Risk Committee-ready materials or presentations Support SRT with department policies and procedures

2. Lead and direct activities related to continuous improvement and expansion of Segment Risk data storage, through identification and implementation of resources and processes including:

• Permanent approved assessments, audits, regulatory presentations/submissions
• Temporary “trusted & verified” files for industry Points-of-View and externally sourced information used within assessment unit decision making
• Maintain a structured file naming convention and folder structure for effective and efficient storage, retrieval and usage to answer queries/AI prompts.

3. Assist Head of Segment Risk with Integration of CIBC US Risk Management Organizational and Governance related activities, including strategy and long-term implementation.

KEY CROSS-FUNCTIONAL RELATIONSHIPS

• Regular interaction and close partnering with CIBC Risk Management and Compliance groups 
• Regular interaction with leaders across CIBC Combined US Operations
• Interaction with External/Internal Auditors, Risk Management Association, etc.

PEOPLE LEADERSHIP ACCOUNTABILITIES

• Set appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals.
• Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training.
• Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.
• Create a positive work environment and being an effective role model by championing CIBC’s mission, vision and values.
• Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect.
• Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES

• As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, guidelines and controls.
• As the manager of people, this job must ensure all employees within the business unit comply with all applicable CIBC and Line of Business policies, standards, guidelines and control requirements.
• This person is responsible to lead and direct activities related to continuous improvement and expansion for all assigned areas herein for the US Region Risk Management organization.  Responsibilities may include interactions with Global CIBC Leadership, US Regional Leadership across all Lines of Business, and Regulators. 

AUTHORITIES/DECISION RIGHTS

• The role is a key contact for Segment Risk- Reporting coverage and the horizontal connectivity across Assessment Units and the Independent Risk Management risk departments ERM, ORM, Conduct Risk, Stress Testing, Market/Liquidity Risk, and Credit Risk related matters within the US Region.
• Authorizing expenses and overseeing budgets according to applicable CIBC policies.

KEY CAPABILITIES

• Undergraduate Degree / Preferred to have Masters Degree
• A minimum of 10 years experience
• Deep understanding of risk management theory and practices.
• Comprehensive management skills sufficient to lead/motivate reports and peers, as appropriate.
• Extensive working knowledge of the external financial and regulatory environment from a risk perspective.
• Advanced presentation/interactive skills to clearly articulate complex conceptual information/ideas.
• Excellent writing skills sufficient to prepare interpretative, analytical and creative materials involving precise articulation of ideas and opinions.
• Problem solving skills sufficient to select and modify general approaches and solutions suitable for given problems or issues.
• Demonstrate integrity, possessing a strong stewardship and corporate governance profile with an ability to bring a mature perspective to discussions, as this position involves the interface with colleagues at all levels.
• Provide support to the Segment Risk group, as well as technical advice and guidance on complex and/or unique issues and recommendations for strategy.
• Creativity and innovation to address issues where very little precedence exists.
• Specific attributes includes:
  • Confidence
  • Forward and strategic thinking
  • Initiative
  • Decision-making ability
  • Detail-oriented
  • Creative
  • Develops others
  • Makes an Impact and Influences

WORKING CONDITIONS

• This role operates within a normal office environment with little exposure to adverse working conditions.

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
• Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
• Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
• Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.

California residents — your privacy rights regarding your actual or prospective employment 

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $185,000 - $191,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

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